As of 11:30 a.m. today (January 22), the domestic coffee market continued its upward trend, increasing by an average of VND2,100/kg in the first session of the week. Currently, the purchase price fluctuates between VND121,500 - VND122,500/kg. The average coffee purchase price in the Central Highlands provinces today reached VND122,300/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, about 800 VND/kg higher than the average price. Compared to yesterday's price increase (January 21), coffee prices in this region continued to increase sharply by 2,200 VND/kg, currently hovering at 121,500 VND/kg.
Purchasing price is higher than Lam Dong, Gia Lai and Dak Lak provinces, all increased by 2,200 VND/kg, reaching 122,200 VND/kg.
Notably, Dak Nong is still the leading province among the provinces and cities with the highest coffee purchasing price in the country, listed at 122,500 VND/kg.
On the London and New York exchanges, the coffee market moved in opposite directions across all terms. On the London Robusta Coffee Exchange, coffee prices skyrocketed, surpassing the peak of 5,000 USD/ton. The contract for delivery in March 2025 increased by 2.33% (equivalent to 120 USD/ton), reaching 5,263 USD/ton. In the same direction, the contract for delivery in May 2025 increased by nearly 3% (equivalent to 127 USD/ton), anchoring at 5,217 USD/ton.
On the other hand, the situation in the New York Arabica coffee market reversed and decreased slightly. The delivery period in March 2025 and May 2025 both decreased by nearly 1%, reaching the market price of 327.80 cents/lb and 323.95 cents/lb.
According to the Vietnam Commodity Exchange (MXV), the less optimistic supply outlook and the weakening of the USD/BRL exchange rate continued to be the main reasons pushing Robusta coffee prices up yesterday.
After the news that the new administration of US President Donald Trump will not immediately implement strict tariffs as previously predicted, the Brazilian Real has increased in value and the USD has fallen sharply.
In yesterday's trading session, the USD/BRL exchange rate recorded a decrease of 0.64%, down to 6.03 points. The narrowing exchange rate difference may cause farmers in Brazil to limit coffee sales due to less foreign currency earned, reducing the amount of coffee exported to the world.
In Vietnam, supply is also expected to be disrupted during the upcoming Lunar New Year. High labor and material costs during this period make purchasing activities difficult.
